abrdn Private Equity Opportunities Trust (LON:APEO) Hits New 12-Month High at $550.00

Shares of abrdn Private Equity Opportunities Trust plc (LON:APEO) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 550 ($6.85) and last traded at GBX 550 ($6.85), with a volume of 17168 shares. The stock had previously closed at GBX 549 ($6.83).

abrdn Private Equity Opportunities Trust Price Performance

The company has a quick ratio of 1.06, a current ratio of 0.37 and a debt-to-equity ratio of 8.44. The company has a market capitalization of £828.14 million, a P/E ratio of 1,342.63 and a beta of 0.78. The company’s 50-day simple moving average is GBX 530.14 and its 200 day simple moving average is GBX 479.47.

abrdn Private Equity Opportunities Trust Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 26th. Investors of record on Thursday, March 21st will be issued a dividend of GBX 4.20 ($0.05) per share. This is an increase from abrdn Private Equity Opportunities Trust’s previous dividend of $4.00. This represents a dividend yield of 0.81%. The ex-dividend date is Thursday, March 21st. abrdn Private Equity Opportunities Trust’s dividend payout ratio is currently 4,250.00%.

Insider Buying and Selling

In related news, insider Alan Devine sold 3,705 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 540 ($6.72), for a total transaction of £20,007 ($24,906.01). 3.73% of the stock is owned by insiders.

About abrdn Private Equity Opportunities Trust

Abrdn Private Equity Opportunities Trust plc specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in technology, healthcare, industrials, consumer discretionary, consumer staples, oil and gas services, financials, educational publishing, aero-engineering, and capital goods outside Europe.